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Honolulu gas prices back on the rise

By Star-Advertiser staff

LAST UPDATED: 10:39 a.m. HST, May 13, 2013

Average retail gasoline prices in Honolulu have risen 0.7 cents per gallon in the past week, averaging $4.24 per gallon, according to Gadsbuddy.com's daily survey of 214 gas outlets in Honolulu. 

This compares with the national average that has increased 6.2 cents per gallon in the last week to $3.57 per gallon, according to gasoline price website Gadsbuddy.com.

Including the change in gas prices in Honolulu during the past week, prices Sunday were 14.8 cents per gallon lower than the same day one year ago and are 4.4 cents per gallon lower than a month ago. The national average has increased 5 cents per gallon during the last month and stands 15.4 cents per gallon lower than this day one year ago.

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joshislost wrote:
How about WHY the prices are rising
on May 13,2013 | 10:47AM
HD36 wrote:
The govenment will tell you there's no inflation, but for those who go shopping they can see it with their own eyes. Monetary expansion through bond purchases has led to inflation 100% of the time and has been documented in many countries including Germany, Japan, Britain, and Brazil. Sometimes there's a lag of several years but it always correlates 100%. To think this time it will be different is like believing you can throw a ball up in the air and it won't come down.
on May 13,2013 | 03:04PM
HD36 wrote:
The lag this time, is the result of China pegging the yuan to the dollar, which caused inflation in China. They just recently gave up the peg because inflation was a huge problem. Unfortunately, those dollars are coming back.
on May 13,2013 | 05:21PM
gaylec wrote:
When the price was over two dollars less a gallon they were blaming it in Bush.
on May 13,2013 | 11:00AM
allie wrote:
USA is awash in oil. Import from USA, not Indonesia which ahs the some of the highest priced gas in the world.
on May 13,2013 | 11:29AM
HD36 wrote:
A guy gave his broker all his money because he was going to cyrogenics (frozen state). He woke up 20 years later and called his broker. Broker told him you're a multimillionaire! The operator then interrupted the call and said, "Please deposit $250,000, you're 3 minutes are up. That's inflation. It destroys economies and countries.
on May 13,2013 | 03:32PM
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